Amendment status not verified — confirm the current text below against the official source.
(1) The property tax shall be levied on all buildings and lands within the Levy ol .- municipality. property tax. I (b) where the title of an) building or land is traderred, such transferee ; (r) in reiation to any bsilding Or land, in the ebcnt of death of the person liabie to the payment of propeity tax, the person on whom the property is transferred: I sh:all furnish to the cornmissloner within such date as may be prescribed, a return for such building or land containing such details as may be prescribed for the assessment or reassessment of the property tax to the said building or land. (3) 111 the case of ressscssment or generel revision of any property tax leviable under thls ~ c t , the owner or occupier of any building or land shall furnlshto the Cummissioner within such time as may be prescribed, a return in such form con- talnlng such details as may be prescribed for tne assessment of propertv tax to s:.c:J. bui1d.ng al' lam. (A :Irobp~ IV-2 Ex. (33b)- 6i.i - r La. o.. , - m - L - - - i AMlL NAD U CiOVERNMLNT GAZETTE EXTRcZORD INARY ' (4)' If any owner or occupier of any buildirig or land fails 'to furnish a return as required dnder sub-section (2) or suljkectiori '(3) or furnishes an in:ornplete or incorrect return,'the Commissioner or any person authorised by him in this behalf,. shall cause an inspection to be made and also to make such local enquiries as may be considered necessary, and based on such inspection and information collected, shall prepare a return and a copy of the return sfiali be furnished to the owner or occupier of the building or land. (5) On receipt of a return under sub-section (2) or sub-section (3) or on t h ~ basis of the return F. ..nared by the Colilrnissioner under sub-section (4) and after considering the objections, if any, received, the Commissioner shall determine the pr~perty tax payable in accordance with the provisions of this Act and shall send an intimation to that effect to the person concerned. (6) In the case of failure to furnish a return vnder sub-section (2) or u~lder - su b-Section (3), the Coinmissioner shcll, in addit Ion to the tax dctennined under Su b-section (5) direct the cwner or occupier ~f any building or land to ps(y by way of penalty a sum of rupees two hundred and fifty or five per cent of the property tax determr ned under su b-section (5), whichever is higher. (7) For the purpose of assessment of property tax for any building or land in the municipality, the Commissioner or any officer authorised by him in this behalf may enter, inspect, survey and measure any building or land, after giving due notice to the owner or occupier before such inspection and the owner or occupier shall be bound to furnish necessary information required for this purpose. (8) The property tax on building and land shall, subject to the prior payment of the land revenue, if any, due to the Government thereoc, be a first c w g e upon the said building or land and upon the movable property if any fount1 within om upon such building or land and belonging to the person liable to pay property tax. , . ,mum and